Stearns to loan manufacturer $100,000 to expand

AVON – The Stearns County board has approved a $100,000 revolving loan for an Avon manufacturer that plans to expand.

Midsota Manufacturing, which makes skid steer attachments and dump trailers, is proposing to buy another building off Interstate Highway 94 in Avon. The business plans to hire 10 new employees.

The loan will be used to buy a robotic welder to increase efficiency, Bob Swanberg, executive director of the county Housing and Redevelopment Authority, told the county board Tuesday. The loan is for seven years at 2 percent interest.

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